Boston Partners reduced its position in Whirlpool Co. (NYSE:WHR – Free Report) by 89.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,773 shares of the company’s stock after selling 47,996 shares during the period. Boston Partners’ holdings in Whirlpool were worth $661,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Brown Lisle Cummings Inc. purchased a new position in shares of Whirlpool in the fourth quarter worth approximately $27,000. SBI Securities Co. Ltd. purchased a new position in shares of Whirlpool in the fourth quarter worth approximately $30,000. GAMMA Investing LLC increased its position in shares of Whirlpool by 323.1% in the fourth quarter. GAMMA Investing LLC now owns 275 shares of the company’s stock worth $31,000 after acquiring an additional 210 shares in the last quarter. Bogart Wealth LLC increased its position in shares of Whirlpool by 113.6% in the fourth quarter. Bogart Wealth LLC now owns 282 shares of the company’s stock worth $32,000 after acquiring an additional 150 shares in the last quarter. Finally, Legend Financial Advisors Inc. purchased a new position in shares of Whirlpool in the fourth quarter worth approximately $34,000. 90.78% of the stock is owned by hedge funds and other institutional investors.
Whirlpool Price Performance
NYSE WHR opened at $93.41 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 1.62. The stock has a market capitalization of $5.17 billion, a PE ratio of -15.94 and a beta of 1.44. The company has a 50 day moving average price of $107.04 and a two-hundred day moving average price of $108.21. Whirlpool Co. has a 12-month low of $84.18 and a 12-month high of $135.49.
Whirlpool Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Shareholders of record on Friday, February 28th were paid a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a yield of 7.49%. The ex-dividend date was Friday, February 28th. Whirlpool’s dividend payout ratio (DPR) is presently -119.45%.
Wall Street Analysts Forecast Growth
Several analysts recently commented on the stock. The Goldman Sachs Group raised their price target on shares of Whirlpool from $125.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. StockNews.com upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Whirlpool has an average rating of “Hold” and an average price target of $106.00.
Read Our Latest Stock Report on Whirlpool
Whirlpool Profile
Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.
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